Lauren Douglass, Listing Office: Black House Realty
20020 Housing Market Report December 2024•District of Columbia County, District of Columbia
Housing Prices in 20020, DC
How much do homes in 20020, DC cost?
Housing Market Conditions
Is 20020, DC a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
20020 is a Buyer's Market
Difference Since December 2023
At the same time last year, 20020 was a Seller's Market.
20020 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in 20020 have sold for 11.3% less than they did a year ago.
Summary: The median home sold price in 20020 was $372,666 in December 2024, down 11.3% from last year, and the median price per square foot was $242.
Median Sold Price By Bedrooms
Beds | Dec 2023 | Dec 2024 | Change YoY |
---|---|---|---|
11 Bedroom | $107.7K | $145K | +34.6% |
22 Bedrooms | $270K | $225K | -16.7% |
33 Bedrooms | $425K | $412K | -3.1% |
44 Bedrooms | $519K | $512K | -1.3% |
55+ Bedrooms | $575K | $678.5K | +18.0% |
Summary: 20020 housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes increased by +34.6%. The home price for 2 bedroom homes decreased by -16.7%. The home price for 3 bedroom homes decreased by -3.1%. The home price for 4 bedroom homes decreased by -1.3%. The home price for 5 bedroom homes increased by +18.0%.
Housing supply in 20020, DC
How many homes are available in 20020, DC?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
230Last MonthDec 2024 | ||
2282 months agoNov 2024 | +0.9 % Change MoMNov – Dec |
Summary: The 20020 real estate market had 230 homes for sale in Dec 2024, a 0.9 % increase compared to Nov 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
32Last MonthDec 2024 | ||
232 months agoNov 2024 | +39.1 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
Beds | Nov 2024 | Dec 2024 | Change MoM |
---|---|---|---|
11 Bedroom | 21 | 20 | -4.8% |
22 Bedrooms | 78 | 75 | -3.8% |
33 Bedrooms | 79 | 83 | +5.1% |
44 Bedrooms | 39 | 42 | +7.7% |
55+ Bedrooms | 11 | 10 | -9.1% |
Summary: 20020 housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes decreased by -4.8%. The inventory for 2 bedroom homes decreased by -3.8%. The inventory for 3 bedroom homes increased by +5.1%. The inventory for 4 bedroom homes increased by +7.7%. The inventory for 5 bedroom homes decreased by -9.1%.
Asking Price vs. Sold Price
How much do homes in 20020, DC cost?
Over Asking Price9 Homes
At Asking Price11 Homes
Under Asking Price12 Homes
If you're buying a home in 20020, you may be able to get a good deal. 37.5% of homes here sold below asking price last month.
Summary: A total of 32 homes were sold or pending in 20020 in December 2024, up by 39.1% month-over-month. Of the 32 sold homes, 38% were sold under asking, 34% were sold at asking, and and 28% were sold over asking.
Days on Market for 20020, DC
How long does it take to sell a home in 20020, DC?
Breakdown of Home Sale Times
Under 30 Days15 Homes
30 – 90 Days13 Homes
Over 90 Days4 Homes
Many homes in 20020 are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 32 homes were sold in 20020; 47% of homes were sold within 30 days, 41% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
44 DaysThis YearDec 2024 | ||
30 Days1 year agoDec 2023 | +46.4 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in 20020 had an average listing age of 44 days in Dec 2024, up by 46.4% compared to the previous year.
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MLS Disclaimers and Copyright
Based on information from BrightMLS, for the period 01/01/2023 - 01/01/2025
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/27/2025, 9:23:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.